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<br />. <br /> <br />. <br /> <br />MINUTES OF THE SPECIAL CALLED MEETING <br /> <br />LA PORTE CITY COUNCIL <br /> <br />MAY 14, 1991 <br /> <br />1. The meeting was called to order by Mayor Malone at 6:30 P.M. <br /> <br />Members of citv Council Present: Mayor Norman Malone, <br />Councilpersons Guy Sutherland (arrived 6:36 P.M.), Mike <br />Cooper, Bob Thrower, Al ton Porter, B. Don Skel ton , Jerry <br />Clarke <br /> <br />Members of citv Council Absent: Councilpersons Bob McLaughlin <br />and Deotis Gay <br /> <br />Members of ci tv Staff Present : city Manager Bob Herrera, City <br />Attorney Knox ASkins, City Secretary Cherie Black, Assistant <br />City Manager John Joerns, Finance Director Jeff Litchfield <br /> <br />Others Present: David Fetzer, Pete Fischer, Paul Martin, Drew <br />Masterson <br /> <br />Mr. David Fetzer addressed Council <br />technicalities of refunding the bonds. <br />issues qualified for insurance and that <br />issued as AAA-rated bonds. <br /> <br />and reviewed the <br />He stated that both <br />the bonds were being <br /> <br />2. Council considered an ordinance authorizing the issuance and <br />sale of General Obligation refunding bonds. <br /> <br />The City Attorney read: ORDINANCE 1754 - AN ORDINANCE <br />AUTHORIZING THE ISSUANCE OF CITY OF LA PORTE, TEXAS, GENERAL <br />OBLIGATION REFUNDING BONDS, SERIES 1991, AND ALL OTHER MATTERS <br />RELATED THERETO. <br /> <br />Motion was made by Counciloerson Skelton to adoQt Ordinance <br />1754 as read bY the City Attorney. Second by Councilperson <br />Porter. The motion carried, 6 ayes and 0 nays (Councilperson <br />Sutherland had not yet arrived). <br /> <br />Nays: <br /> <br />Councilpersons Cooper, Thrower, Porter, Skelton, <br />Clarke and Mayor Malone <br />None <br /> <br />Ayes: <br /> <br />3. Council considered an ordinance authorizing the issuance and <br />sale of Revenue refunding bonds, Series 1991. <br /> <br />The City Attorney read: ORDINANCE 1755 - AN ORDINANCE <br />AUTHORIZING THE ISSUANCE OF CITY OF LA PORTE, TEXAS, <br />WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES <br />1991, AND ALL OTHER MATTERS RELATED THERETO. <br />